Zimbabwe: 2007 till Mugabe resigns

[davidbfpo]

Professor Stephen Chan is a SME on Zimbabwe and has an article on the visit to the City of London this week by Zimbabwe's Finance Minister:https://theconversation.com/zimbabwes-finance-minister-makes-a-doomed-pitch-to-londons-big-businesses-62015?

A reminder of the position:

Zimbabwe has no money, and its government has no fiscal plan. Its reserves are emptied, tax revenues are inadequate, public funds are still ransacked, and much of the country’s remaining formal employment is in an unproductive public service.

(Later) But Mugabe is simply not trusted by the rest of the world, and he dares not mandate a change to the indigenisation law – especially not now, as his health declines and as he perhaps secretly looks to secure his wife’s path to succeed him. Indigenisation was meant to placate Zimbabwean nationalism, which still percolates among younger generations as well as older ones.